Q1 2026 · 13F-HR
Stenham Asset Management Ltdholdings as filed
Filed 2026-05-15 · accession 0001214659-26-006472
$205.9M
Reported value
18
Positions
2026-03-31
Period end
The Brief · Stenham Asset Management Ltd · Q1 2026
AI · grounded in 13F
Stenham Asset Management Ltd initiated a new position in HUT with a $3.17M investment. The fund also established new holdings in NAK for $2.86M and YSS for $2.45M. On the sell side, the fund trimmed its NVDA position by 45.24% and closed its position in MSFT for a $686,740 reduction.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 78463V107 | GLD | SPDR GOLD TR | $139.8M | 67.9% | 325,001 | Common | SOLE |
| 438516106 | HON | HONEYWELL INTL INC | $8.5M | 4.11% | 37,441 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $8.0M | 3.87% | 38,280 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | $7.6M | 3.70% | 22,538 | Common | SOLE |
| 907818108 | UNP | UNION PAC CORP | $7.6M | 3.69% | 31,338 | Common | SOLE |
| 87422Q109 | TLN | TALEN ENERGY CORP | $6.9M | 3.33% | 21,500 | Common | SOLE |
| N00985106 | AER | AERCAP HOLDINGS NV | $6.2M | 2.99% | 44,900 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $5.9M | 2.86% | 33,810 | Common | SOLE |
| 44812J104 | HUT | HUT 8 CORP | $3.2M | 1.54% | 67,550 | Common | SOLE |
| 66510M204 | NAK | NORTHERN DYNASTY MINERALS LT | $2.9M | 1.39% | 2,046,000 | Common | SOLE |
| 987084100 | YSS | YORK SPACE SYSTEMS INC | $2.5M | 1.19% | 110,651 | Common | SOLE |
| 46428Q109 | SLV | ISHARES SILVER TR | $1.9M | 0.92% | 27,700 | Common | SOLE |
| 87256C101 | TKO | TKO GROUP HOLDINGS INC | $1.1M | 0.52% | 5,300 | Common | SOLE |
| 46435U135 | IHAK | ISHARES TR | $1.0M | 0.50% | 23,559 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $894,666 | 0.43% | 1,867 | Common | SOLE |
| G25508105 | CRH | CRH PLC | $883,008 | 0.43% | 8,400 | Common | SOLE |
| 85208R101 | CEF | SPROTT ASSET MANAGEMENT LP | $715,800 | 0.35% | 15,000 | Common | SOLE |
| 46137V142 | PHO | INVESCO EXCHANGE TRADED FD T | $494,764 | 0.24% | 7,400 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.